The price of gold fell today Thursday to its lowest level in a week, affected by rising oil prices and a shift to a tighter monetary policy, which reinforced expectations of rising the flow of oil.
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The spot gold dropped 0.5% to $4,265.50 per ounce, having reached its lowest level since September 16. The futures of American gold for delivery in December closed with a fall of 0.5% to $4,298.
The price of gold fell today Thursday to its lowest level in a week, affected by rising oil prices and a shift to a tighter monetary policy, which reinforced expectations of rising the flow of oil.